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Shipowner advocates single digit rate for disbursement of $700m CVFF
Home » News » Africa » Shipowner advocates single digit rate for disbursement of $700m CVFF

Shipowner advocates single digit rate for disbursement of $700m CVFF

danivert 28/04/2025 03:24

By Steve Agbota The President of the African Shipowners Association (ASA), Captain Ladi Olubowale, has said that the disbursement of the $700 million Cabotage Vessels Finance Fund (CVFF) to Nigerian shipowners at a single-digit interest rate will create abundant growth opportunities, boost capacity-building, local content development and develop Nigeria as a maritime nation in Africa…

SunNewsOnline
By Steve Agbota The President of the African Shipowners Association (ASA), Captain Ladi Olubowale, has said that the disbursement of the $700 million Cabotage Vessels Finance Fund (CVFF) to Nigerian shipowners at a single-digit interest rate will create abundant growth opportunities, boost capacity-building, local content development and develop Nigeria as a maritime nation in Africa…
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